This preview has intentionally blurred sections. Sign up to view the full version.View Full Document
Unformatted text preview: demand = d crumb price = p hand. cost = k sold = x = min(x,d) unsold = x = x-x crumb revenue = r 2 = (p 2-k 2 )x 2 number of bakers = y = [x/480] OT hours = y 1 = (x/ loaf revenue = r =p x ingredient cost =c 3 =k 1 x OT cost=c =y w profit = r 1 + r 2 - c 1 - c 2 - c 3 RT cost = c 1 = yw 1 ing cost=k price=p RT daily wage = w OT hourly wage = w...
View Full Document
- Spring '10
- unsold bread, OT hourly wage, RT daily wage